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FOR IMMEDIATE RELEASE |
NEWS RELEASE |
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For Information Contact: LogicTools: Aimee Ortiz (888) 265-4706
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LogicTools, Inc. Releases LogicNet® Version 3.1
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July 26, 1999 |
NORTHBROOK, IL – July 26, 1999 – LogicTools Inc., a leading developer of optimization based decision support software for logistics and supply chain management, announces the release of LogicNet® Version 3.1. LogicNet facilitates strategic decisions for inbound and outbound distribution networks, minimizing total system costs and improving service level by determining the optimal number of warehouses, their locations and capacities, the allocation of products to the different warehouses, and the flow of material through the supply chain.
"LogicNet is an impressive network design package. Its affordability and ease of use allowed us to conduct our own network design study and retain the knowledge and savings." observed Joe Ponder, VP Logistics of Sun Diamond Growers. Indeed, LogicNet 3.1 has reached a new level in optimization performance, ease-of-use and affordability which makes it the price performance leader in the logistics network design market. Recent LogicTools clients include: Airborne Express, Moore North America, S.C. Johnson and UPS Professional Services.
LogicNet runs under Windows 95/98 and Windows NT on desktop PCs. The software is based on the Microsoft® (NASDAQ: MSFT) Access environment and allows easy import, export and edit functionality with Microsoft® Excel. Advanced tools from MapInfo® (NASDAQ: MAPS) provide enhanced GIS capabilities. Extensive U.S. and international geographic data is included with LogicNet 3.1 and specialized data can easily be added. LogicNet 3.1 also includes a variety of interfaces with transportation rating engines such as the SMC CZAR rater and the new UPS® small package rater®. Version 3.1 also introduces batch scenario processing, enhanced import wizards and many other features.
LogicNet uses state-of-the-art optimization technology, customized to solve large network design problems quickly and efficiently. The sophistication of the LogicNet solver translates into significant savings of time and money for LogicTools' customers who can now solve previously intractable problems in a matter of minutes. The speed of the solver also means that LogicNet users can test many alternatives before making important strategic decisions, resulting in more efficient distribution networks and higher profits. As pointed out by Ann Drake, CEO, DSC Logistics, "LogicNet has performed extremely well for our network design studies. It has helped us help our customers improve their bottom line."
About the Company
Founded in 1995, LogicTools Inc. specializes in software decision support and optimization as applied to logistics and supply chain problems. For more information, visit the LogicTools web site at www.logic-tools.com, contact our sales office at (888) 265-4706, or send E-mail to inquiries@logic-tools.com.
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